Earlier quoted context omitted.
1. There isn't any one entity that is short 140% of the GME float. 2. If a stock shouldn't be allowed to be sold short past 100% then we should outlaw subletting apartments. Why shouldn't someone be allowed to pay to borrow something, and then rent it out? How is that manipulative in and of itself?
Could you elaborate on how shorting past 100% is comparable to subletting? How is shorting alike borrowing something?
Reddit's GameStop, AMC surge is the new Occupy movement
21–30 of 281 posts
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#22Shorting a stock 140% is the market manipulation and should be criminal. Anything a large group does after some hedge fund pulls that stunt is fair game.
1. There isn't any one entity that is short 140% of the GME float. 2. If a stock shouldn't be allowed to be sold short past 100% then we should outlaw subletting apartments. Why shouldn't someone be allowed to pay to borrow something, and then rent it out? How is that manipulative in and of itself?
Not totally familiar with all this, just trying to understand.
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#23Shorting a stock 140% is the market manipulation and should be criminal. Anything a large group does after some hedge fund pulls that stunt is fair game.
1. There isn't any one entity that is short 140% of the GME float. 2. If a stock shouldn't be allowed to be sold short past 100% then we should outlaw subletting apartments. Why shouldn't someone be allowed to pay to borrow something, and then rent it out? How is that manipulative in and of itself?
Also subletting is not selling..
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#24Earlier quoted context omitted.
I also don't care about a hedge fund losing out but Id hardly call the current value of Gamestop to be "real" Economics. And for the few /r/wsb guys and girls making a killing there are a lot more late comers who will lose big, and can't afford to.
No, it's not real economics. It's the little guys coming together to fight the big guys at their own game.
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#25It’s terrifying because so many people have retirement funds tied up in stocks and this has the potential to decrease everyone’s trust in the idea of stocks.
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#26Shorting a stock 140% is the market manipulation and should be criminal. Anything a large group does after some hedge fund pulls that stunt is fair game.
1. There isn't any one entity that is short 140% of the GME float. 2. If a stock shouldn't be allowed to be sold short past 100% then we should outlaw subletting apartments. Why shouldn't someone be allowed to pay to borrow something, and then rent it out? How is that manipulative in and of itself?
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#27Earlier quoted context omitted.
1. There isn't any one entity that is short 140% of the GME float. 2. If a stock shouldn't be allowed to be sold short past 100% then we should outlaw subletting apartments. Why shouldn't someone be allowed to pay to borrow something, and then rent it out? How is that manipulative in and of itself?
Could you elaborate on how shorting past 100% is comparable to subletting? How is shorting alike borrowing something?
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#28Good. I'm tired of fake Economics where the value of a company or the product is not made from the real value of it, while some yuppies get rich in the proccess. The more they cry, the better. Hope is collapses so "middle" and low class workers can get fair prices of what they earn by doing actual hard work. Because this will create a good crash, dont fool about it. It will harm everyone, but at least this Century wi…
I also don't care about a hedge fund losing out but Id hardly call the current value of Gamestop to be "real" Economics. And for the few /r/wsb guys and girls making a killing there are a lot more late comers who will lose big, and can't afford to.
Stock price was never supposed to closely mirror company's financials, that's a meme pushed by socialists that want to portray the stock market as wrong ("out of reality"). The financials are merely a indicator. It's stock market and what matters are the dynamics of that market, and the company itself is only a small part of that.
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#29Good. I'm tired of fake Economics where the value of a company or the product is not made from the real value of it, while some yuppies get rich in the proccess. The more they cry, the better. Hope is collapses so "middle" and low class workers can get fair prices of what they earn by doing actual hard work. Because this will create a good crash, dont fool about it. It will harm everyone, but at least this Century wi…
I also don't care about a hedge fund losing out but Id hardly call the current value of Gamestop to be "real" Economics. And for the few /r/wsb guys and girls making a killing there are a lot more late comers who will lose big, and can't afford to.
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#30It’s terrifying because so many people have retirement funds tied up in stocks and this has the potential to decrease everyone’s trust in the idea of stocks.
There is little deception. Funds that take crazy risks will say so in their prospectus. There's no chance your S&P500 index fund is taking a huge Bed Bath And Beyond short position when no one is watching.